By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Wedbush stays bullish on Reddit despite user traffic dip
Wedbush remains bullish on Reddit even after a dip in US daily active users, arguing that improved ad tools, a shift to the app, and potenti
Gildan's raised margin target opens door to buybacks, RBC says
RBC Capital Markets says Gildan's raised 2026 margin target looks structural, helped by tariffs, making a year-end buyback restart more real
Stocks slip as Fed officials hint at more rate hikes, yields jump
Stocks gave up an early AI-led gain after Fed officials suggested rates may still need to rise. The 10-year Treasury yield hit its highest s
RBC says Alnylam's post-earnings slide is overdone despite guidance cut
RBC Capital Markets lowered its price target on Alnylam to $350 after a softer quarter and reduced transthyretin guidance. Still, the bank a
Rand slips despite bigger trade surplus as global risk weighs
South Africa's rand slipped about 0.6% against the dollar even though June's trade surplus came in far above expectations. Global risk senti
Scotiabank's AI agents log 14M actions as staff adoption grows
Scotiabank is rolling out AI 'knowledge agents' across its workforce, with 71,000 staff using the platform and 14 million actions logged. Th
Commodity giants pull back from Radiant World over document concerns
Major commodity traders are distancing themselves from Radiant World after concerns that documents tied to its iron ore deals may be invalid
Private credit fundraising stays strong even as defaults hit record
Big private-credit managers like Ares and Blue Owl are still pulling in billions, but Fitch reports the US private-credit default rate hit a
Why the Canadian dollar's bounce may not last
The Canadian dollar has bounced from about C$1.42 to C$1.40 per US$, but Rosenberg Research warns the rally may not stick. Soft labor signal
Berenberg sees mixed signals in adidas post-Q2 message, keeps Hold
Berenberg maintained a Hold rating and 190-euro price target on adidas after its Q2 update. The bank sees mixed signals, with management att
Microsoft's record $450 billion one-day gain reshapes AI investing
Microsoft just posted the largest single-day market value gain in stock market history, adding roughly $450 billion as Azure cloud revenue s
India's FX reserves hit $682.3B as RBI deposit drive brings in dollars
India's forex reserves climbed $6.1 billion to $682.3 billion as of July 24, helped by a central bank deposit drive that pulled in about $40